Dow Jones

Stories 1901 - 1920 | << Prev   Next >>

Stocks Rise Despite Bad Vibes
Stocks Rise Despite Bad Vibes
MARKETS

Stocks Rise Despite Bad Vibes

Dow reverses three-day decline

(Newser) - The Dow climbed 46.90 points to 12,247 in the face of bad news, ending a seesaw day up and breaking a three-day slump. Existing homes sales fell 1.5% in December, and tech bellwether Cisco reported weaker third-quarter growth than expected, but prices were low enough to stave...

Market Plunges 370 Points
Market Plunges 370 Points
MARKETS

Market Plunges 370 Points

Richmond Fed president's use of 'R' word spooks investors

(Newser) - The markets fell more today than they had in 11 months in the wake of news that the service industry contracted in January and remarks by the Richmond Fed president on the growing risk of recession, Marketwatch reports. The Dow plummeted 370.03 to 12,265.13, the Nasdaq 73....

Stocks Climb on Microsoft News
Stocks Climb on Microsoft News
MARKETS

Stocks Climb on Microsoft News

Dismal labor report can't keep Dow down

(Newser) - Microsoft’s offer to buy Yahoo outweighed a dismal jobs report today as the Dow ended up 92.83 at 12,743.19 after a seesaw session. Hopes for a new M&A wave bumped up against fears of broad economic slowdown. “This is a trader’s market, because...

Bonds Confidence Boosts Stocks
Bonds Confidence Boosts Stocks
MARKETS

Bonds Confidence Boosts Stocks

Insurer MBIA says its rating will be just fine

(Newser) - Markets were up sharply today on calming words from bond insurer MBIA, with the Dow closing at 12,650.36, up 207.53. The company said its triple-A rating was not vulnerable and that it was solvent enough to weather the mortgage crisis, MarketWatch reports. The Nasdaq gained 40.86...

Rate-Cut Rally Fades Away
Rate-Cut Rally Fades Away
MARKETS

Rate-Cut Rally Fades Away

Stocks soar, then drop on Fed action

(Newser) - The Fed’s half-point rate cut this afternoon briefly sent stocks soaring—before the rally crumbled and the Dow ended down 37.47 points at 12,442.83. Most Streeters have welcomed the series of interest rate slashes, but some are concerned they are too aggressive and could trigger inflation...

Selloff Drives Dow Down 171
Selloff Drives Dow Down 171
MARKETS

Selloff Drives Dow Down 171

Two-day rally snaps on renewed jitters over mortgage crisis

(Newser) - A 2-day rally sputtered today as the Dow fell 171.44 to 12,207.17 on new jitters about a touchy market. Even strong quarterly reports from Microsoft, Caterpillar, and Honeywell couldn’t keep investors buying this morning; said one economist, “The market is still in a very fragile...

Stocks Rally on Stimulus News
Stocks Rally on Stimulus News
MARKETS

Stocks Rally on Stimulus News

Dow rises 108 points as Bush, Congress announce plan

(Newser) - Stocks enjoyed growth for a second consecutive day as the announcement of Congress’ economic stimulus plan raised investor confidence already bolstered by this week's rate cut by the Fed, the Wall Street Journal reports. Though jittery throughout the day, the Dow mounted a late rally to end up 108.44...

Stocks Struggling After Early Skid
Stocks Struggling
After Early Skid
UPDATED

Stocks Struggling After Early Skid

Tech sector starts with a whimper as Apple earnings come in lower than hoped

(Newser) - Stocks continued their downward march today, with the Dow off 139.41 points by midmorning, up from a 228.75-point dive at the opening bell.  Seeming to shrug off yesterday’s huge emergency rate cut from the Fed, investors are acting on fears of recession, and focusing on disappointing...

Europe Sees Biggest Stock Plunge Since 9/11

US futures drop, adding to fears for domestic markets

(Newser) - Amid continuing concerns about a US recession, European stocks took their biggest single-day plunge since 9/11 today, reports MarketWatch. Losses from financial institutions appeared to be the biggest culprit in the day's 5.4% drop, which added to a crippling trend: The Dow Jones Stoxx 600 index has dropped 23%...

Stocks Fall as Early Rally Fades
Stocks Fall as Early Rally Fades
MARKETS

Stocks Fall as Early Rally Fades

Traders fear Bush stimulus package is not enough.

(Newser) - Stocks fell for the fourth straight session today as fears that President Bush’s stimulus plan will not be enough to stave off a recession dissipated an early rally, MarketWatch reports. The Dow ended down 59.91 at 12,099.30, and the Nasdaq fell 6.88 to close at...

Dow Plummets 306.95 Points
Dow Plummets 306.95 Points
MARKETS

Dow Plummets 306.95 Points

Manufacturing, home starts news send markets way down

(Newser) - The Dow plunged 306.95 points to 12.159.21 today, its third straight sell-off and worst loss of the new year, as rough numbers put investors in a bearish mood. The key index has now fallen more than 1,000 points since 2008 began. Merrill Lynch posted a huge...

Dow Tanks on Consumer Woes
Dow Tanks on Consumer Woes
MARKETS

Dow Tanks on Consumer Woes

Index nosedives after more bad news about spending

(Newser) - The Dow plunged 246.79 points to 12,606.30 today as investors, worried about consumer spending, fled retailers and credit-card issuers. Analysts are concerned the mortgage crisis has finally hit pocketbooks, hurting credit, jobs, and public confidence, the Wall Street Journal reports.The Nasdaq slid 48.58 to close...

Stocks Soar After Bumpy Ride
Stocks Soar After Bumpy Ride
MARKETS

Stocks Soar After Bumpy Ride

Streeters pleased with Bernanke speech, BofA news

(Newser) - The Dow finished up 117.78 points today, closing at 12,853.09 on signals from Fed chairman Ben Bernanke of interest-rate cuts to come and reports that Bank of America is in talks to buy home-loan giant Countrywide. It was a bumpy ride, though, as the key index was...

Markets Swing; Nasdaq Suffers
Markets Swing; Nasdaq Suffers
MARKETS

Markets Swing; Nasdaq Suffers

Blue chips lead modest rises

(Newser) - The markets seesawed towards small increases, as the Dow saw its first gains of 2008 after fluctuating in a 150-point range, MarketWatch reports. The Nasdaq continued last week’s streak of losses, falling 5.19 to 2,499.46. The Dow ended up 27.31 at 12,827.49, and...

Bad Jobs Data Trigger Freefall
Bad Jobs Data Trigger Freefall
MARKETS

Bad Jobs Data Trigger Freefall

Dow off 256.54, zooms past 13K on sluggish growth report

(Newser) - The worst employment-growth report since August 2003 sent the markets into a nosedive today, with the Dow ending the day off 256.54 to 12,800.18. Only 18,000 non-farm jobs were added in December, the Wall Street Journal reports, and the unemployment rate rose to 5.0%, its...

Market Plummets to Start Year
Market Plummets to Start Year
MARKETS

Market Plummets to Start Year

Weak manufacturing, surging oil prices sink stocks

(Newser) - The Dow fell 214.11 to 13,050.71 today, giving 2008 its first record: biggest point drop to start a year. Climbing commodity prices and poor manufacturing readings led the sharp 1.7% decline, and spiking crude oil futures sealed the bearish day. One strategist fretted over the Institute...

Markets Sink, But '07 Sees Gains
Markets Sink, But '07 Sees Gains
MARKETS

Markets Sink, But '07 Sees Gains

(Newser) - The markets took a tumble today, trimming but not eliminating yearly gains, MarketWatch reports. The Nasdaq, benefiting from its relative insulation from the housing crisis, rose 9.8% in 2007, although it fell 22.18 points today to end at 2,652.28. The Dow fell 101.05 to close...

Stocks Mixed on Housing News
Stocks Mixed on Housing News
MARKETS

Stocks Mixed on Housing News

Markets reel, then recover from slow sales report

(Newser) - The markets were mixed in a volatile session today, with the Dow ending just slightly higher after more bad news from the housing sector erased an early-morning 100-point rally, Marketwatch reports. The Dow rose 6.26 to close at 13,365.87, and the S&P 500 climbed 2.12...

Bad News Brings Out the Bears
Bad News Brings Out the Bears
MARKETS

Bad News Brings Out the Bears

Instability in Pakistan and durable goods news sparks decline

(Newser) - The markets suffered steep losses today following the one-two punch of bad news from Pakistan and the Commerce Department. In the wake of Benazir Bhutto’s assassination and a disappointing durable goods report, the Dow fell 192.08, the largest drop in a week, to 13,359.61, while the...

Stocks Stall Amid Retail Woes
Stocks Stall Amid Retail Woes
MARKETS

Stocks Stall Amid Retail Woes

Markets recover after bad news from Target, housing sector

(Newser) - The markets nudged higher today despite poor holiday retail results and continued housing problems. Target predicted a possible 1% sales drop in December, stoking investor fears about sluggish retail numbers, MarketWatch reports. The Dow closed up 2.36 at 13,551.69, the Nasdaq up 10.91 at 2,724....

Stories 1901 - 1920 | << Prev   Next >>